St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-05-06
A New Corporation Proposed fo1
the Northwestern Car Com.

"A New Corporation Proposed for
the Northwestern Car Com
,pany.
CHICAGO, May 5.-At the request of
many of the largest financial institu-
tons and prominent business men of st.
Paul and vicinity, A. III. Wilder and
George r. Finch, of st. Paul, and III. III.
Porter, of Chicago, have prepared new,
plan of reorganization of the Northwest
ern Manufacturing and Car company, of
saltwater, MIMI, which they will sub
NIT to the creditors of that company at
once. The main features of the plan
are the formation of new corporation
which shall acquire the assets OF the car
the conduct of the business, no
debts or liens upon the assets,
acquired OF otherwise, and no classiti-
cation of stock or distinction between
stockholders. The creditors are not re-
quired to furnish any money unless
they choose to do so. The committee
putting forth the circular to creditors
announce that they stand ready to con-
tribute $4,000 in cash to this plan, and
other parties are willing to do the same,
provided the creditors do not furnish
the entire amount required. Valid
claims against the car company and
actual cash contributions constitute the
sole basis for the issue of stock i'll this
plan of reorganization.
SALTWATER NOTES. ,-.
The new school board, with the exception
of Directors Lindholm and jerks, met at the
city hall yesterday and WAS sworn III. Its
members adjourned to the rooms of the
board of education, on North Main street
nd tn ii Zn l,yt ha oil IF
w. q. Bronson as treasurer and w. II. Per
Lee secretary. The board fixed the bonds of
the treasurer at $4,000, and of the secre-
tary at 50 1000, and directed the city attorney
to prepare them in accordance with the law
The board then adjourned until a. IN. to-
day.
An anti-coercion meeting will be held in
the opera house on Thursday evening next,
under the auspices of the saltwater Land
league, to which all friends of liberty who
desire to express their opposition to British
oppression of Ireland, are invited. Hon. D.
II. Lawler and Judge William Louis Kelley
are expected to be present and deliver adj
dresses. Mayor Seymour has signifed his
desire to be present and has kindly promised
to preside.
Messrs. Murphy and O'Shaughnessy, who
own the property on South Main street lately
occupied by A. Melin and recently damaged
by fire, will at once begin the erection of
brick block two stories high upon that site
and the intervening space between that and
the Bazaar block, also owned by them 1t
will contain two stores, and that, as well as
the Bazaar, will be supplied with steam heat.
The marriage of !. N. Snow, of st. Paul, to
Miss Blanche Dolby, of this city, occurred
Wednesday evening at the residence of the
brides cousin, Mrs. DR.. W. II. Caine, Bishop
M. N. Gilbert, of st. Paul, officiating The
house was profusely decorated with flowers
for the occasion.
Alex Delin was examined yesterday by
commission on lunacy and discharged as
sane. He was arrested few nights since for
appearing on the streets in a partially nude
condition.
Frank Hall was sentenced to thirty DAYS in
Jail yesterday i'll the municipal court for
stealing a pair of shoes from in front of
Schenders shoe store. He was drunk at the
time.
Maj. B. G. Merry formerly of the First
Maine Volunteer infantry, was made a men,
Der of the Loyal Legion of st. Paul on
Wednesday evening.
The village of South Saltwater has i'm
posed license of 500 per year upon butch
ers who sell meat from a wagon within its
limits.
Mrs. W. H. Fellows returned yesterday
from a visit of several months duration to
her parents ut Savannah, Ga.
Mrs. L. E. Torinus returned yesterday from
her winters sojourn at the South, accom-
panied by her family.